The interesting question to be posed is why deliver the massive China gold play to Eldorado shareholders at all ? Does management know something about the future of gold in China? Nationlization can take subtle forms in China but maybe the big issue is that foreigners days in owning China gold assets are numbered . Already all gold must be sold inside China except for jewelry . This sniffs of writing on the wall and Chinese whispers from the powers in Beijng .
SGX Price at posting:
$6.39 Sentiment: Hold Disclosure: Not Held
